The local ISP has seen a huge surge in demand for its fibre services over the past year, as more people take to remote working and e-learning.
Analysts believe Serame Taukobong is a good appointment who will calm market jitters initially caused by news of the incumbent CEO’s departure.
The additional investment provided to the Eastern Cape will allow the mobile operator to grow its LTE footprint to close to 93% in the province by the end of 2021.
The telephony group is going strong, having produced a stellar performance in the quarter, as revenues in the consumer segment ticked up.
NAPAfrica's throughput extends beyond the 2Tbps milestone as the exchange delivers strong growth driven by a dynamic peering community and an increasing demand for content and cloud services.
The fibre network operator says this comes on the back of ongoing investments in the core and transmission network.
The companies have jointly completed 5G commercial verification on the 40MHz 2.1GHz frequency band.
The stringent regulations on new SIM sales and activations in Nigeria cost the telco millions of mobile and data subscribers.
The pay-TV video entertainment giant sees growth in subscribers accessing third-party streaming services through its platform.
The telco says it has now reached the inflection point where the profitability of new revenue streams exceeds that of its legacy revenue streams.
Connectivity supports economic growth and job creation, says the development institution, which wants to connect more African homes and businesses.